DOHA: Qatar Exchange (QE) gained 429.42 points, or 4.63 percent during July 2013, as compared to the previous month, to close at 9,704.98 points. Trading value during July decreased by 39.08 percent to reach QR 5.35bn compared to June’s QR8.7bn.
Trading volume decreased by 47.93 percent to reach 122m, as against 234m, while the number of transactions fell by 32.16 percent to reach 66,237 as compared to 97,644 transactions during June.
Market capitalisation rose by 4.44 percent at the end of July to reach QR 533.7bn as compared to QR510.9bn at the end of June.
The banking and financial services sector led trading value during July, accounting for 34.91 percent of the total, followed by industrials sector, which accounted for 23.05 percent. The real estate sector accounted for 15.68 percent, while the consumer goods & services sector and transportation sectors accounted for 11.14 percent and 6.39 percent respectively. The telecoms sector’ stood 5.12 percent and the insurance sector accounted for 3.72 percent.
The real estate sector led the trading volume accounting for 29.89 percent of the total, followed by the banking and financial services sector, which accounted for 28.61 percent. The industrial sector accounted for 11.12 percent. While the consumer goods and services sector, which accounted for 10.66 percent, the transportation sector and telecoms accounted for 10.48 percent and 6.40 percent respectively.
Trading days during July were 23, against 20 trading days in June.
The Peninsula
